Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (149956)	4/22/2011 11:40:45 PM
From: Oblivious	Respond to of 206093

Chancels, I agree.

To: ChanceIs who wrote (149956)	4/23/2011 12:49:36 AM
From: teevee	1 Recommendation Read Replies (1) \| Respond to of 206093

Of course the economic system can't survive at those levels of deficits. Wrong. The gov't will do what it always must do-make the pie bigger which makes the debt smaller. It will muddle through with managed interest rate changes.

To: ChanceIs who wrote (149956)	4/23/2011 9:18:09 AM
From: Tommaso	3 Recommendations Read Replies (2) \| Respond to of 206093

I guess when you say "roll out" you mean what is usually called "rollover." From "Investopedia": What Does Rollover Mean? A rollover is when you do the following: 1. Reinvest funds from a mature security into a new issue of the same or a similar security The question is whether the Chinese, the Japanese, or indeed the American holders of treasuries will accept newly issued paper. PIMCO sold all theirs. Some people are saying the Japanese will want money for rebuilding after the recent disasters, and others are saying that the Chinese are losing confidence in U. S. credit. It used to be that when an auction of treasury paper wasn't going well, the Fed could step in temporarily and shore it up. Now they are already buying 70% of the debt. It really isn't a very big step any more from here to what the Weimar Republic did in the early 1920s, or what South American countries have repeatedly done. Five years ago, I would have said that what I just wrote in the previous sentence was a panicky exaggeration.